RE: takeover rumours6 Aug 2015 16:23
Pfizer to buy GSK-another AstraZeneca debacle if ever i have seen one.MOney may be cheap but so is talk.Read is like a little boy in a sweet shop , he wants buy so much he gets confused and leaves the shop empty handed.Anyway does Pfizer have enough money to back their Grandiose ideas?Also GSK has more Phd,s and brain power.
Now if Novartis came calling i would be more positive.They have the money ,have recently completed an ONcology deal with GSK,and have the skill to deal with National regulatory bodies where diplomacy is required.
To conclude, ifeel i will stay contented with my 5.5% dividend and be happy.Might just buy a few shares just in case,cannot go wrong at theseprices anyway.